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1、AI legislation:A regulatory hurdle or an opportunity for strategic growth?World AI Summit AmsterdamYiannis Kanellopoulos,Founder&CEOOctober 2024 What we do*thoughtful(adjective)_absorbed in or involving thought_showing consideration for the needs of other peopleWe help large organizations to build A
2、I technology that is trusted and thoughtful*GovernanceChallengesFee burning,non-earning activitiesThe two perspectives on AI RegulationSystem/Product/Service ImprovementEnhancing quality and business valueAI Governance as a Regulatory Hurdle*CIO of large European financial institutionAfter GDPR,DORA
3、,PCI-DSS,Internal Audits,now we have the EU AI Act.In the meantime,we have to keep serving our business.*AI Governance as a Fee-Burning Hurdle0102030405060GDPRDORAPCI-DSSEU AI ActCompliance Costs(Additional)Operational CostsThe hidden costs of non-compliance0.00 5,000,000.00 10,000,000.00 15,000,000
4、.00 20,000,000.00 25,000,000.00 30,000,000.00 35,000,000.00 GDPRDORAEU AI ActFines per RegulationAnother perspective*CIO of a large European insurerWhat the EU AI Act actually suggests is for our engineers to do their job properly.*Pivot to the opportunity*CIO of a European healthcare startupAs the
5、gravity of decisions made by AI systems increases,so does our need to ensure they operate fairly and transparently.Nowhere is this needed more than in the medical device space,where the judgments of AI powered tools can literally be a matter of life and death.*On AI performance:a common misconceptio
6、n*CIO of a large technology incumbentI was under the impression that AI systems did not need testing.Performance is a good enough indicator.*When optimizing for the wrong metric00.050.10.150.20.250.30.350.40.450.50.550.60.650.70.750.80.850.90.951Short-2Short-1LongTotal Percentage